Magnificent 7 Weekly Briefing
Apple made a $2B AI acquisition; Google reported massive profit gains and settled $203M in lawsuits; Tesla faced safety suits and discontinued key models; and more.
- Alphabet reported strong Q4 results, with revenue exceeding $400 billion and profit jumping 30% due to momentum from its Gemini AI system, which now powers an app with over 750 million monthly active users. 1234
- Apple acquired Israeli startup Q.AI for around $2 billion, marking its second-largest acquisition ever, as it prepares to integrate AI capabilities and use models from partners like Anthropic and OpenAI in its Xcode developer platform. 5678
- Google committed $185 billion toward countering AI competition and invested $4.75 billion in AI energy infrastructure, while Nvidia accelerated AI code intelligence by powering OpenAI’s GPT-5.3-Codex using its advanced GB200 NVL72 systems. 91011
- Tesla faced multiple lawsuits over fatal crashes where drivers were allegedly trapped in burning vehicles, as well as a suit concerning a $4 million fire caused by a faulty charger. 12131415
- Google agreed to pay $203 million to settle two class-action lawsuits regarding the recording of users' private conversations and Android data transfer, while facing an appeal in its search antitrust case. 1617181920
- Amazon announced its Alexa+ AI assistant is now free for U.S. Prime members, reporting Q4 net sales increased 14% to $213.4 billion, though the company initiated corporate layoffs and faced data center delays in Europe. 21222312425
- Other notable developments include Microsoft releasing updates focusing on enhanced engineering quality and AI security protocols, and Tesla seeing a 9.3% rise in China shipments and introducing a new lower-priced Model Y variant. 9262728293031
Sources
- Amazon announces fourth quarter results
- Google’s Gemini app has surpassed 750M monthly active users
- Alphabet announces Q4 2025 earnings
- Google Profit Jumps 30 Percent on A.I. Gains
- For approximately $2B: Apple acquires a secret Israeli start-up
- Apple Makes Its Second-Biggest Acquisition Ever
- Apple adds agents from Anthropic and OpenAI to its coding tool
- Apple releases Xcode 26.3 with agentic coding
- Nvidia powers OpenAI’s GPT-5.3-Codex
- Google to spend record $185bn countering ChatGPT threat
- Google Is Spending Big to Build a Lead in the AI Energy Race
- Trapped Tesla Driver's 911 Call: 'It's on fire. Help please'
- Tesla Sued Over Crash That Trapped, Killed Massachusetts Driver
- Fire sparked by faulty Tesla charger caused $4m in damage to ex-NFL star’s Nashville home, lawsuit says
- Snohomish County family sues Tesla after motorcyclist son killed in autopilot crash
- Google settles $68 million lawsuit after allegedly recording users private conversations for alarming reason: Must be nice to just buy your way out
- US files appeal in Google search antitrust case
- Google to pay $68M to end Assistant recordings class action
- Russia-linked attackers abuse new Microsoft Office zero-day
- Google to Pay $135 Million to Resolve the Android Data Transfer Lawsuit
- Companies laying off staff this year includes Amazon, Citi, and Pinterest — see the list
- Amazon eliminating 700-plus Bay Area jobs
- Power grid delays challenge Amazon s data center expansion in Europe
- Amazon Launches AI-Enhanced Alexa for Prime Subscribers in US
- Amazon launches Alexa+ free for Prime members
- Microsoft announces security and quality leadership updates
- Tesla China Shipments Rise for Third Month Despite Challenges
- Tesla s latest lineup tweaks: no more Standard branding and a cheaper AWD Model Y
- Microsoft expands SDL for AI security
- Tesla introduces new Model Y variant in US priced at $41,990
- Tesla Sees 9.3% Jump in China-Made EV Sales in January
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